Monthly Archives: August 2020

Cisco stock market slips to worst day since 2011 after profit

Cisco Systems Inc. shares CSCO, -10.89% 11.6% were eliminated in trading Thursday morning after the company reported declining fiscal-quarter revenue and posted a downbeat outlook for the current period. The stock is on course for its worst one-day percentage since February 10, 2011, when it dropped 14.2%. “Guidance for the …

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